Which of the Below Is NOT One of the Ways

question 51

Multiple Choice

Which of the below is NOT one of the ways to enhance lifetime value? 

• A) increase the retention rate 
• B) increase the discount rate 
• C) increase the referral rate 
• D) cut direct costs 
• E) enhance the average purchase volume per customer

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Definitions:

Replenish Petty Cash

The process of adding funds to a petty cash fund, typically done when the balance drops to a predefined level, to ensure availability of cash for small, immediate expenses.

Minor Expenditures

Small or insignificant costs that are usually of a non-recurring nature and may not be capitalized.

Discounted Note

A debt instrument sold for less than its face value that will pay the face value at maturity, effectively providing interest to the holder.

Notes Receivable

Financial assets representing amounts owed to a company, promised to be paid back with interest.